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Housing: Low Incomes

Volume 485: debated on Wednesday 17 December 2008

To ask the Secretary of State for Communities and Local Government if she will provide a breakdown by funding stream of the £775 million being brought forward from the 2010-11 budget for affordable housing in each Government office region. (243405)

Over £8 billion has been allocated for the National Affordable Housing Programme over the Spending Review period 2008-11. £150 million is being brought forward from the 2010-11 budget and is being allocated to individual regions on a pro rata basis in line with the formulaic allocation of the funding over the whole 2008-11 period as follows:

£ million

East

14.2

East Midlands

6.2

London

62.5

North East

3.2

North West

10.2

South East

24.3

South West

14.3

West Midlands

9.0

Yorkshire and Humberside

6.2

These are indicative figures and do not impact on the overall three-year indicative allocations to regions. The spending of the allocations will be subject to appropriate bids being agreed and delivered through the Homes and Communities Agency (HCA).

Regional Development Agencies will consider bringing forward, from 2010-11, up to £100 million nationally to provide a fiscal stimulus to regional and economic development. They are working closely with the HCA to see how bringing forward funding can make the greatest impact, whilst representing best value on key regeneration schemes that have been highlighted as being at risk.

A further £80 million in 2009-10 will assist the HCA with continuing to bring forward land development schemes of national and regional importance. The HCA will ensure this additional funding is concentrated on those schemes which provide the greatest impact and value for money. The HCA is currently reviewing with my officials which schemes to assist. Decisions will be made in the new year about the process for bringing forward some £250 million Decent Homes and £175 million major repairs allowance funding from 2010-11.

Some £20 million funding for the Community Infrastructure Fund will also be brought forward into the current financial year, for schemes in the following regions:

£ million

East

4.8

East Midlands

10

London

1.3

South East

3.6

Unallocated

4.2